SHF Holdings, Inc. (SHFS) Key Metrics
SHFS valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $147,892
- Enterprise value
- −$5.0M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.0 10-yr median 26.0
- Price / book
- 0.3 10-yr median 50.1
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 0.87
SHFS key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSHFS valuation Price multiples at each fiscal year-end price.
Price / sales−97.5%
0.4
2025 · hover or tap a bar for each year
20202025
Price / book
0.4
2025 · hover or tap a bar for each year
20202025
Free cash flow yield−110.5 pts
−110.4%
2025 · hover or tap a bar for each year
20202025
SHFS returns How much profit the business earns on the capital it uses.
Return on assets+105.0 pts
−14.2%
2025 · hover or tap a bar for each year
20202025
Free cash flow margin−46.9 pts
−44.5%
2025 · hover or tap a bar for each year
20202025
Asset turnover+11.1%
0.50
2025 · hover or tap a bar for each year
20202025
SHFS per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+374.8%
$31.52
2025 · hover or tap a bar for each year
20202025
Earnings per share
−$8.88
2025 · hover or tap a bar for each year
20202025
Free cash flow per share
−$14.04
2025 · hover or tap a bar for each year
20202025
Book value per share
$33.83
2025 · hover or tap a bar for each year
20202025
Shares outstanding−91.2%
243K
2025 · hover or tap a bar for each year
20202025
SHFS financial health Debt, liquidity and how easily interest is covered.
Debt / equity
0.09
2025 · hover or tap a bar for each year
20202025
Net debt−$15.6M
−$6.1M
2025 · hover or tap a bar for each year
20202025
Current ratio+119.4%
1.88
2025 · hover or tap a bar for each year
20202025
Interest coverage
-11.0
2025 · hover or tap a bar for each year
20202025
Debt / assets−95.4%
0.04
2025 · hover or tap a bar for each year
20202025
SHFS efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−15 days
64 days
2025 · hover or tap a bar for each year
20202025
Days payables outstanding+246 days
32 days
2025 · hover or tap a bar for each year
20202025
Cash conversion cycle−1,099 days
32 days
2025 · hover or tap a bar for each year
20202025
Capex / revenue0.0 pts
0.0%
2025 · hover or tap a bar for each year
20202025
SHFS valuation history
Fiscal year-endToday6-year median
SHFS returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SHFS debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SHFS cash returned to shareholders
DividendsBuybacksFree cash flow
SHFS price vs earnings per share
Share price at year-endEPS (right axis)
SHFS key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $3.1M | $299.7M | $725.5M | $404.5M | $2.26B | — |
| Enterprise value | −$3.0M | $309.2M | $735.6M | $454.7M | $2.26B | — |
| P/E ratio | — | — | — | — | 688.1 | — |
| Price / sales | 0.4 | 16.3 | 35.8 | — | 322.8 | — |
| Price / book | 0.4 | — | 21.1 | 79.1 | 308.2 | — |
| Price / free cash flow | — | 696.1 | — | 240.7 | 769.1 | — |
| Price / operating cash flow | — | 696.1 | — | 238.3 | 767.6 | — |
| EV / sales | -0.4 | 16.8 | 36.3 | — | 322.0 | — |
| EV / EBITDA | — | — | — | — | 686.0 | — |
| EV / free cash flow | — | 718.3 | — | 270.6 | 767.3 | — |
| Earnings yield | −69.8% | −16.1% | −2.4% | −8.7% | 0.1% | — |
| Free cash flow yield | −110.4% | 0.1% | −0.1% | 0.4% | 0.1% | — |
| Dividend yield | — | — | — | — | 0.1% | — |
| Shareholder yield (dividends + buybacks) | 9.5% | 0.0% | — | — | 0.1% | — |
| Share price at fiscal year-end | $12.72 | $108.07 | $340.80 | $426.00 | $2,416.80 | — |
| Per share | ||||||
| Revenue per share | $31.52 | $6.64 | $9.53 | $0.00 | $7.49 | $8.59 |
| Earnings per share | −$8.88 | −$17.43 | −$8.12 | −$37.00 | $3.51 | $5.47 |
| Operating cash flow per share | −$14.04 | $0.16 | −$0.39 | $1.79 | $3.15 | $5.29 |
| Free cash flow per share | −$14.04 | $0.16 | −$0.49 | $1.77 | $3.14 | $5.29 |
| Cash per share | $27.84 | $0.85 | $2.31 | $8.84 | $5.87 | $3.21 |
| Book value per share | $33.83 | −$4.43 | $16.14 | $5.39 | $7.84 | $4.65 |
| Tangible book value per share | $33.83 | −$4.43 | $11.54 | −$26.09 | $7.84 | $4.65 |
| Dividends per share | — | — | — | — | $1.59 | $3.61 |
| Capex per share | $0.00 | $0.00 | $0.10 | $0.02 | $0.01 | $0.00 |
| Debt per share | $2.92 | $4.28 | $7.06 | $61.71 | — | — |
| Shares outstanding | 243K | 2.8M | 2.1M | 949K | 936K | 936K |
| Change in shares outstanding | −91.2% | +30.3% | +124.2% | +1.5% | 0.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | — | — | −87.6% | −564.2% | 56.2% | 117.5% |
| Return on invested capital (ROIC) | — | — | −30.3% | −122.7% | 205.7% | 378.2% |
| Return on assets (ROA) | −14.2% | −119.2% | −20.7% | −65.7% | 54.3% | 111.8% |
| Return on tangible assets | −12.6% | −365.6% | −29.8% | −50.5% | 43.7% | 111.8% |
| Free cash flow margin | −44.5% | 2.3% | −5.1% | — | 42.0% | 61.6% |
| Income quality (OCF / net income) | — | — | — | — | 0.90 | 0.97 |
| Financial health | ||||||
| Total debt | $710,515 | $11.9M | $15.0M | $58.6M | — | — |
| Cash & short-term investments | $6.8M | $2.3M | $4.9M | $8.4M | $5.5M | $3.0M |
| Net debt | −$6.1M | $9.5M | $10.1M | $50.2M | −$5.5M | −$3.0M |
| Debt / equity | 0.09 | — | 0.44 | 11.46 | — | — |
| Debt / assets | 0.04 | 0.90 | 0.22 | 0.59 | — | — |
| Net debt / EBITDA | — | — | — | — | −1.67 | −0.59 |
| Current ratio | 1.88 | 0.86 | 1.63 | 0.21 | 33.24 | 14.71 |
| Quick ratio | 1.88 | 1.06 | 2.00 | 0.30 | 33.27 | 14.71 |
| Interest coverage | -11.0 | -8.4 | -17.5 | -62.9 | — | — |
| Working capital | $5.7M | −$766,902 | $5.0M | −$39.3M | $5.9M | $3.0M |
| Invested capital | $2.2M | −$2.8M | $44.5M | $55.3M | $1.8M | $1.4M |
| Tangible asset value | $8.2M | −$12.3M | $24.6M | −$24.8M | $7.3M | $4.4M |
| Net current asset value | $3.2M | −$21.0M | −$20.7M | −$84.1M | $5.9M | $3.0M |
| Graham number | — | — | — | — | $24.90 | $23.92 |
| Graham net-net per share | −$4.21 | −$8.24 | −$11.71 | −$91.74 | $6.10 | $3.17 |
| Capital allocation | ||||||
| Dividends paid | — | — | — | — | $1.5M | $3.4M |
| Share buybacks (net) | $292,800 | $0 | — | — | — | — |
| Dividend payout ratio | — | — | — | — | 45.3% | 66.1% |
| Dividends + buybacks / free cash flow | — | 0.0% | — | — | 50.6% | 68.3% |
| Capex / revenue | 0.0% | 0.0% | 1.0% | — | 0.1% | 0.0% |
| Capex / operating cash flow | — | 0.0% | — | 1.0% | 0.2% | 0.0% |
| Capex / depreciation | 0.00 | 0.00 | 0.15 | 0.09 | 3.08 | 0.17 |
| Stock-based compensation / revenue | 19.9% | 8.6% | 18.4% | — | 0.0% | — |
| R&D / revenue | — | — | 4.7% | — | — | 1.6% |
| SG&A / revenue | 42.9% | 65.5% | 137.5% | — | 40.7% | 24.3% |
| Efficiency | ||||||
| Days sales outstanding | 63.6 | 78.7 | 75.0 | — | 20.3 | 11.3 |
| Days of inventory on hand | — | 837.3 | -982.1 | -691.5 | -1,570.9 | — |
| Days payables outstanding | 31.7 | -214.6 | 454.3 | 406.5 | 19,848.3 | 2,498.7 |
| Cash conversion cycle (days) | 32.0 | 1,130.6 | -1,361.5 | — | -21,398.9 | -2,487.5 |
| Receivables turnover | 5.73 | 4.64 | 4.87 | 0.00 | 18.00 | 32.43 |
| Payables turnover | 11.53 | −1.70 | 0.80 | 0.90 | 0.02 | 0.15 |
| Asset turnover | 0.50 | 0.45 | 0.24 | 0.00 | 1.16 | 1.76 |
| Average receivables | $1.3M | $4.0M | $4.2M | $1.0M | $389,155 | $247,858 |
| Average payables | $288,762 | $505,519 | $1.7M | $1.3M | $76,076 | $108,526 |
| Average inventory | — | −$2.0M | −$3.7M | −$2.3M | −$6,021 | — |
| Intangibles / total assets | 0.0% | 0.0% | 14.4% | 30.1% | 0.0% | 0.0% |
Computed from SHFS's annual financial statements (latest annual report filed April 15, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SHFS valuation and financial ratios
It ended the year with $0.7 million of debt and $6.8 million in cash and short-term investments, a net cash position of $6.1 million. It returned $0.3 million to shareholders: $0 in dividends and $0.3 million in share buybacks. The share count fell 74.0% from 936K to 243K over 5 years.
See the SHFS income statement, the SHFS chart for price history, or the SHFS stock overview for the latest quote and news.
SHFS key metrics FAQ
How much debt does SHF have?
SHF had total debt of $0.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.09 and more cash than debt.
Does SHF buy back its shares?
Yes. SHF spent $0.3 million on net share repurchases in fiscal 2025 Shares outstanding changed −91.2% over the year, to 243K..
What is SHF's free cash flow yield?
SHF generated -$3.4 million of free cash flow in fiscal 2025, a free cash flow yield of −110.4% on its market value at year-end ($3.1 million).
What is SHF's current ratio?
SHF's current ratio was 1.88 at the end of fiscal 2025: current assets were 1.88 times current liabilities.